Pound Weakens Against Majors
07 December 2018 - 3:00PM
RTTF2
Reversing direction, the pound dropped against its major
counterparts in early European deals on Friday.
The pound edged down to 0.8923 versus the euro and 1.2744
against the dollar, from its early highs of 0.8891 and 1.2787,
respectively.
The pound slipped to 1.2656 versus the franc and 143.75 against
the yen, off its early high of 1.2696 and a 2-day high of 144.2,
respectively.
The next possible support for the pound is seen around 0.91
versus the euro, 1.24 against the dollar, 1.25 versus the franc and
142.5 against the yen.
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